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Property for sale information

 
Saidia  
Reference nr: PE534908
Description:

Guaranteed Rental: 2 to 4 % for 2 years

Superb investment in Apartments,villas and marina berths in Saidia development. Situated on the north coast of Morocco, the resort is surrounded by a large protected nature reserve.

The development is located on the outskirts of the town of Saidia, with endless stretches of unspoilt Mediterranean beaches and an annual average temperature of 19 Degrees. Nine Four-Star and Five-Star hotels. Marina with berths for over 800 Leisure boats. Three 18 hole golf courses with a surface area exceeding 2,000,000m2. Large commercial and leisure centre with shops, restaurants, cinemas, bars, spas etc.


About the Area:
Morocco, as an emerging market, is one of the most exciting countries for investment opportunities at this time. The government’s ‘Blue Plan’ aims to increase the number of tourists visiting the country to 10 million by 2010. In order to achieve this it is investing heavily in its infrastructure and has already agreed deals with several low budget flight companies, including Ryanair, under the open skies policy, to provide regular direct flights to many of its regional airports.

Location: Morocco
Bedrooms: 1 to 4
Price: EUR 68,116
Type: Apartment, Commercial (Hotel), Villa

Bedrooms: Bathrooms: Price (€):
0 (studio) 68,116
Features:
Beach
Golf
Spa
Submission Date:
03-21-2007
Last Update:
03-22-2007
Advertiser Details:


Name:
Paul Egan

Company:
Astute Property International

Phone:
+353.1.6104542
Fax:
+353.1.6104166
Mobile:

 
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Calculators

 
Property price: €68,116
 

Mortgage

Initial Payment (%) *  Annual Interest Rate (%) *  Term of Loan (Yrs) 
   
Loan Amount (€)  Monthly Payment (€)  # of Payments 
 
Description: The calculator estimates monthly mortgage payments taking into account the loan amount (which depends on % of the initial payment), the interest rate and term of the loan
Note:
  * These indicators may vary in different countries and are subject to preliminary assessment & consultations

ROI

Initial Investment (%)  ROI Calculation Term (Yrs)  Term of Loan (Yrs) 
Annual Rental Yield (%) * Annual Capital Appreciation Rate (%) * Annual Mortgage Rate (%) *
Once Off Taxes & Payments on Property Purchase (%) * Taxes & Other Annual Payments on Rental Income (%) * Other Annual Fix Payments (€) *
   
Loan Amount (€)  Mortgage Payments (€)  Additional Costs (€) **
Capital Appreciation (€)  Gross Rental Income (€)  Return on Investment (%) 
 
Description: Return on Investment (ROI) calculator estimates in % the income that the Initial Investment provides in the period of time set in "ROI Calculation Term" input box
Notes:
  * These indicators may vary in different countries and are subject to preliminary assessment & consultations
** The Additional Costs are estimated as sum of once off payments (taxes, legal support and services etc.) required to become the owner of a property, annual payments from rental income (taxes, management fees etc.) and other fix annual payments (if any); all these payments vary in different countries, regions, properties etc. and are subject to preliminary assessment & consultations

Equity Rel.

Current Property Value  Existing Mortgage  Max. Lending Available (%) * 
Max. Equity Available  Amount to Release  Annual Interest Rate (%) * 
   
Monthly Cost of Top Up (Interest Only) 
 
Description: Equity Release is a means of retaining use of your property, while also obtaining a steady stream of income, using the value of the property; the income depends on current value of the property, amount to be released and paid annual interest rate
Note:
  * These indicators may vary in different countries and are subject to preliminary assessment & consultations